Attention of the trade, importers and others concerned is invited to the import of Newsprint - Customs - 114/2010

OFFICE OF THE COMMISSIONER OF CUSTOMS (IMPORT) JAWAHARLAL NEHRU CUSTOM HOUSE, NHAVA-SHEVA TAL-URAN, DISTRICT-RAIGD, MAHARASHTRA F. No. S/26-Misc-07/10 Gr. II B Date: 09/11/2010 PUBLIC NOTICE NO. 114/2010 Attention of the trade, importers and others concerned is invited to the import of Newsprint which is restricted as per the provisions of Foreign Trade Policy. The import of newsprint is allowed subject to verification of valid RNI registration certificate. The importer is also required to submit the RNI certificate showing the quantity of newsprint to be imported by them during the subject year. The validity of all such certificate showing the quantity quota expires on 31st March, of every year. In all such cases where the quota has expired, the importer applies for renewal of their quota allocation for the subsequent period to the Registrar of News Papers for India, which takes some time for renewal. In such cases, Bills of Entry are assessed provisionally under PD Bond, subject to the condition of submission of the certificate issued by the RNI after renewal, for allotted quota/quantity. On production of valid RNI certificate, Bills of Entry are assessed finally. Since, RNI certificate is allotted for specific quantity on annual basis, the total quantity of imports made during the year should be accounted for against the quota of Newsprint allotted for the year.. Further the RNI Certificate also requires report of utilization of the imported newsprint to the concerned Commissioner of Customs, directly. In view of the above, debiting of import quantity against quota license is required. Therefore, the importers of Newsprint are required to produce before the Assessing Group their RNI certificate showing their authorized quantity allocation for import in original for debiting/endorsing the quantity of each import, so as to maintain a record of all such imports for final tally with the allotted import quantity. In case of RMS facilitated Bills of Entry, the importers of Newsprint are required to produce before the Out of Charge Officer their RNI certificate showing their authorized quantity allocation for import in original for debiting/endorsing the quantity of each import. Sd/- (MALA SRIVASTAVA) COMMISSIONER OF CUSTOMS (I) J.N.C.H.